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SPEEDY Railway Book (English)

Banking and Financial Awareness - Part 33


Daily Banking and Financial Awareness Quiz - Part 33

Effective For SBI PO - IBPS PO - Bank Exams - Insurance Exams

Dear Reader, 

As SBI PO/CLERK, IBPS PO/CLERK Prelims & Mains Exams is scheduled tentatively in the month of May to December. Start daily practice for your upcoming Banking Exams.  It will help you to boost your score. In this section you will get daily 15 questions in the form of Multiple Choice Questions (MCQs).

Q1.Banks are required to take permission on from which of the following before opening new branch ?
A. Reserve Bank of India
B. Securities and Exchange Board of India
C. Indian Bank Association
D. Planning Commission of India
E. None of these

Q2.Which is the biggest share market in India ?
A. Delhi
B. Kolkata
C. Ahmedabad
D. Mumbai
E. None of these

Q3.Regional Rural Banks are working in all states of the country except ?
A. Sikkim and Manipur
B. Manipu and Nagaland
C. Sikkim and Goa
D. Jammu and Kashmir
E. None of these

Q4................are raised in capital market. ?
A. Funds through long term securities
B. Funds through short term securities
C. Funds through long term and short term both
D. Any of the above
E. None of the above

Q5.Where the interest rate swaps the floating rate in one currency and exchanged for fixed rate in another currency, it is called ?
A. Quanto swap
B. Coupon swap
C. Plain Vanila swap
D. Swap option
E. None of these

Q6. Which among the following is a major qualitative control measure in India?
A. Margin Requirement
B. Open market operations
C. Ways and means advances
D. Reserve ratio requirements
E. None of these

Q7.GFCE stands for ?
A. Government Financial Consumption Expenditure
B. Government Final Consumption Expen diture
C. Government Final Consumer Expenditure
D. Government Funds Consumption Expenditure
E. None of these

Q8................is the risk of loss arising from a borrower who does not make payment as promised ?
A. Market risk
B. Credit risk
C. Operational risk
D. Payment risk
E. None of these

Q9.Which of the following is the practice of making profit by taking advantage of a price difference between two or more markets ?
A. Hedging
B. Arbitrage
C. Transfer
D. Sorting
E. None of these

Q10.Which of the following is not the method used for calculation of national Income ?
A. Product method
B. Income method
C. Expenditure method
D. Tax method
E. None of these

Q11.World Blood Donor Day is celebrated on ..............every year ?
A. 15th August
B. 21st July
C. 14th June
D. 29th June
E. None of these

Q12.Which of the following instrument can be defined as a bill of exchange drawn in a local language in accordance with the custom of the place ?
A. Cheque
B. Demand draft
C. Hundi
D. Promissory notes
E. None of these

Q13. ONICRA is a credit rating agency of ?
A. Pakistan
B. India
C. America
D. Australia
E. None of these

Q14.On the interval of how many years, the Census is done ?
A. 5 years
B. 10 years
C. 15 years
D. 20 years
E. None of these

Q15.The Nair Committee, under the chairmanship of M.V. Nair is a committee on ?
A. Public welfare
B. Indirect taxes
C. Priority sector lending
D. Direct tax
E. None of these

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